Under The Hammer
Tonight, here in NYC at Sotheby's, a whole load of contemporary art is going under the hammer
while last night's sales at Christie's brought in a new high when Francis Bacon's Triptych, keenly
fought for, went to the successful bidder for $142.4 Million, breaking the record set by Edward Munch's
"Scream." I can hear the wailing from here . . .
Meanwhile, over in Long Island City in Queens, a warehouse given over to the legal activity of
city graffiti, raw art that is known as 5Ptz, is also under the hammer. That is, the
The owners seem to have accepted a good price (along with tax breaks etc) from developers who want
to put up residential towers - sweeping views of NYC skyline including Empire State Building and
Chrysler Building in the one frame!
I am not the first one to venture out there with my camera: we were a veritable little tribe of nods,
winks and aren't we cools! but rumor has it that this is all due to come tumbling down before the
end of the year. Or at least barricaded and scaffolded with warning notices etc. Who know's, if I
keep going out there regularly enough in the months ahead, I might be the last out there with my
For what it's worth, it's a beautiful site. The glorious armpit of art. Living, breathing,
everchanging and priceless but going to the highest bidder.
As Andy Warhol always said, "Got to bring home the Bacon."
(Andy's Silver Car Crash (Double Disaster) went way over Sotheby's conservative estimate!)